CADCHF possible short
Updated
Price entering consolidation period after break the bullish trend line
If break the support,
we expecting the price create a lower low and retrace for lower high.
target at major monthly support
currently testing the water...enter short with small lot..
more conservative way is waiting for a solid break down and pullback before entering short.
Positive RR 1:2
If break the support,
we expecting the price create a lower low and retrace for lower high.
target at major monthly support
currently testing the water...enter short with small lot..
more conservative way is waiting for a solid break down and pullback before entering short.
Positive RR 1:2
Note
This H1 is for scalping on short term.published new CADCHF idea with medium-long term short setup.
Trade closed: target reached
perfect TP..next, check out the medium-long term chart
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